This recently published article highlights the economic impact of the shale boom to the economy of New Mexico. Oil from the state’s wells in 2019 is expected to surpass 300 million barrels, resulting in an unprecedented wave of oil and gas revenue, generating $1 billion-plus budget surpluses in the last two years.
https://www.governing.com/news/headlines/New-Mexico-Oil-Production-Boom-Fills-State-Coffers.html